Billionaire Mansions Homes – Secret Lives of the Super Rich 2015
“A lot of people will buy a $30 million ocean front mansion, tear it down, and start all over again,” explains Alan Fiocchi, founder of AlchemyRED, a company that project manages the ground-up construction or intensive remodeling of multi-million dollar estates around the world. Fiocchi, who works on properties averaging $25 million with a typical renovation budget of $10 million, acts as Owner’s Representation for many billionaire clients, including many of Wall Street’s high profile finance gurus, one non-American Head of State and members of royal families.
Billionaires like their privacy. Fiocchi, who must sign non-disclosure agreements to take on a job, says it is common for clients to shell out money for technology that ensures safety. “We’ve done full security in terms of bullet-proof glass on all the windows,” says Fiocchi. “We’ve even had clients who were extremely paranoid about air quality, so we engaged engineers from Germany to make sure they had the highest air quality known to man circulating through their residences.
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